Oil higher as ceasefire breaks
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Oil higher as ceasefire breaks
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About this listen
Tuesday 5th May 2026
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
President Trump’s Operation Freedom, designed to escort vessels trapped in the Gulf, has got off to a shaky start. Iran claims they attacked a US warship (which the US denies), but nobody seems game enough to traverse the strait of Hormuz. Meanhwile the UAE has seen a number of drone attacks, So markets are uneasy today. On the home front, the RBA is very likely to lift rates today. NAB’s Sally Auld joins Phil to talk through it all.
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